Periphery, Inc. has two products-picture frames and candle holders. Financial data for both the products follow: Periphery has two sales representatives-Andrew Novak and Liu Wei. Each sales representative sold a total of 1400 units during the month of March. Andrew had a sales mix of 70% picture frames and 30% candle holders. Liu had a sales mix of 80% picture frames and 20% candle holders. What is the contribution margin ratio for picture frames and candle holders, respectively?
A) 57%; 46%
B) 52%; 43%
C) 5%; 3%
D) 43%; 54%
Correct Answer:
Verified
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